Tag Archive | "Charting Software"

Master The Channel Projection

Tuesday, January 18, 2011

1 Comment

master-2

Most traders know how to draw a channel but not many know you can use the information used to create the channel to find possible turning points in the market. First lets look at the traditional channel. You would first identify a trend and draw a trend line. Next you duplicate the exact angle of [...]

Continue reading...

Moving Average Convergence-Divergence (MACD)

Saturday, October 30, 2010

0 Comments

iStock_000008819338XSmall

History Moving Average Convergence-Divergence (MACD) was originally constructed by Gerald Appel an analyst in New York. Originally designed for analysis of stock trends, it is now widely used in many markets. MACD is constructed by making an average of the difference between two moving averages. The difference of the original two moving averages and the [...]

Continue reading...